Three-Year Recovery Plan slide image

Three-Year Recovery Plan

Fleet strategic priorities Qantas Group fleet strategy Right aircraft Recovery phase Deferred delivery of 787-9s and A321neos to meet the Group's requirement Right route • A380s remain in storage Maintain flexibility • Reallocated 6 x A320s to QantasLink fleet to service intra Western Australia resources market • A330s and 787-9s redeployed supporting IFAM¹, repatriation services and domestic flying • • • Maintain competitiveness • Delivery of first A321 converted freighter, with additional two by December 2021 Successfully completed conversion of 11 lease extensions into 'power by the hour' rentals increasing cost variability through the recovery phase Reallocation of Jetstar international aircraft² to optimise domestic capacity in FY22 Up to 18 x E190s on capacity hire arrangement with Alliance Aviation Low fleet utilisation through COVID-19 has deferred timing of maintenance and fleet replacement requirements³ Maintaining flexibility of operational fleet to optimise capitalised maintenance expenditure 100 1. International Freight Assistance Mechanism. See supplementary slide 15 for more information. 2. Includes aircraft from Jetstar's Australian international operations as well as Jetstar Asia and Jetstar Japan. 3. See supplementary slide 17 for more information. 126
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